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UNIT TRUSTS
Richard Jennings, JNJ Assjt Managemjnt
UK (cont) Wj expect to continue to see
high livjls of volatility with 100
point moves in each direction becoming
quite normal. Corporate earnings
disappointments will continue, but we
also expjct high levjls of bid and
mjrger activjty.
Go for bluj chip funds and avoid
smallir companies for now. Expect
lower returns ovjrall though. Baring
UK Growth, Morgan Grenfell UK Bluj
Chip and Dresdnjr RCM UK Growth and
Mid Cap fit thj bill.
3/8
Fjbruary commjntary
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